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Sep 02, 2020  /  The Right News Right When It Happens
Top Story
Hoy Lanning Set to Step Down as CEO of J.J. Haines in Dec. 2021
Glen Burnie, MD, September 2, 2020-After 43 years in the flooring industry, Hoy Lanning has set a retirement date of December 31, 2021.
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Today's Flooring News
New Orders for Manufactured Goods Rose 6.4% in July
Washington, DC, September 2, 2020-New orders for manufactured goods in July, up three consecutive months, increased $27.8 billion or 6.4% to $466.1 billion, the U.S. Census Bureau has reported.
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Chet Derr of Derr Flooring Company Has Died
Dresher, PA, September 2, 2020-Chet Derr, president of Derr Flooring Company, died August 28.
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NAHB Reports on Suburban Shift in Homebuilding
Washington, DC, September 2, 2020—Small metro suburbs accounted for the fastest growing geographical areas for single-family construction during the second quarter, up 10.6% on a four-quarter moving average basis, reports the Q2 National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).
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Private Sector Employment Rose by 428K Jobs in August
Roseland, NJ, September 2, 2020—Private sector employment increased by 428,000 jobs from July to August, according to the August ADP National Employment Report.
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Southeast Flooring Market Announces New Dates for 2021 Show
Marietta, GA, September 2, 2020-Market Maker Events announces new dates for the 2021 Southeast Flooring Market.
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Taylor Announces Price Increase on Solvent-Based Adhesives
Dalton, GA, September 2, 2020—Taylor Adhesives announced that it will be increasing its pricing by up to 14% on all new orders and shipments for its solvent-based adhesive products, effective October 1.
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Mortgage Applications Declined by 2.0% in Last Full Week of August
Washington, DC, September 2, 2020—Mortgage applications decreased 2.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 28, 2020.
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